Environmental Groups Warn Banks Against Climate and Human Rights Implications of Underwriting Saudi Aramco Offering
For Immediate Release CONTACT: Ayşe Gürsöz, +1 (650) 391-6443, ayse@ran.org Saudi Aramco is quickly moving forward with plans to float up to three percent of the national oil company in…
Japan’s Largest Bank MUFG/Union Bank Protested Over Harmful Financing
Environmentalists call on MUFG to stop lending to Conflict Palm Oil, fossil fuel expansion ahead of annual shareholder meeting San Francisco, CA – Today, a group of activists protested outside…
Japan’s largest bank MUFG adopts new policies to protect forests and the climate, but controversies abound
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group and the world’s fifth largest bank by assets, has just released an updated Environmental and Social Policy Framework that will govern…
Beyond China: A Look at Japanese Banks’ Addiction to Coal
This case study was written by Hana Heineken (RAN), Kimiko Hirata (KikoNet), Bernadette Maheandiran (Market Forces) and Shin Furuno (350.org Japan) for our latest bank report card, Banking on Climate…
Mongabay: Asian banks give billions to firms linked to deforestation, study finds
“Industries that cause the loss of rainforest and peatlands in Southeast Asia were bankrolled to the tune of $62 billion between 2013 and 2018, according to new data released by…
MEDIA ADVISORY: Indigenous, Environmental, and Climate Justice Groups Rally Outside Equator Principles Meeting, Demand Stronger Commitments
Indigenous, Environmental, and Climate Justice Groups Rally Outside Equator Principles Meeting, Demand Stronger Commitments Despite global standards, world’s biggest banks continue to fund environmentally damaging projects that disregard Indigenous communities’…
Summary Briefing for Investors, Banks and Regulators in Japan
This is a summary briefing of the 2018 edition of Banking on Climate Change, the ninth annual fossil fuel finance report card, which grades 36 commercial banks from Australia, Canada,…
Who’s Bankrolling TransCanada?
Banking on TransCanada Means Banking on Keystone XL Today, the Trump administration approved TransCanada’s latest permit to build the Keystone XL tar sands pipeline – a permit which the Obama…
First of its Kind Online Platform Reveals the Banks and Investors Financing Companies Linked to Tropical Forest Loss in Southeast Asia
Financial sector under the spotlight in new international push to protect forests and forest communities FOR IMMEDIATE RELEASE Contact: Blair Fitzgibbon, blair@soundspeedmedia.com Singapore ––Today, Rainforest Action Network (RAN), TuK INDONESIA…
2014 in Review: Big Banks Ditch Mountaintop Removal Coal
In 2014, leading global banks began to turn away from financing mountaintop removal (MTR) coal mining. For years, RAN and other organizations in Appalachia and around the world have warned…
